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KingCRP;8001 wrote:Camavinga;7997 wrote:Any individual can fall into any trap or scam in cryptocurrency. It is just a matter of time. Also, you need to be very careful. I have seen someone who has been in cryptocurrency for a very long time who fell for a very cheap scam.
To be safe in cryptocurrency is not complicated all you have to do is don’t be greedy, avoid things that can cause your device harm and protect yourself at all time.
You are also right. Greed sometimes can get the better part of an individual. Though sometimes greed is good because it makes you strive hard to get more out of life but excess of it is deadly.
Well said, mate. I always tell people this and they never believe me. They see it as a dark side. Being greedy is, not a bad thing but a motivation for you to strive harder it is only a problem if it gets in the way of your human heart. For instance, leading you to kill someone or hurt someone's feelings or physically.
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KingCRP;8001 wrote:Camavinga;7997 wrote:Any individual can fall into any trap or scam in cryptocurrency. It is just a matter of time. Also, you need to be very careful. I have seen someone who has been in cryptocurrency for a very long time who fell for a very cheap scam.
To be safe in cryptocurrency is not complicated all you have to do is don’t be greedy, avoid things that can cause your device harm and protect yourself at all time.
You are also right. Greed sometimes can get the better part of an individual. Though sometimes greed is good because it makes you strive hard to get more out of life but excess of it is deadly.
Greed is never something that good buddy no matter sweet and good it may look like because every greed is a product of destruction. You can strive hard in a normal way without greed but when greed is added, destruction and vast loss step in.
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Lanistergame2;8017 wrote:KingCRP;8001 wrote:To be safe in cryptocurrency is not complicated all you have to do is don’t be greedy, avoid things that can cause your device harm and protect yourself at all time.
You are also right. Greed sometimes can get the better part of an individual. Though sometimes greed is good because it makes you strive hard to get more out of life but excess of it is deadly.
Greed is never something that good buddy no matter sweet and good it may look like because every greed is a product of destruction. You can strive hard in a normal way without greed but when greed is added, destruction and vast loss step in.
Nevertheless, greed is the drive for wealth and material gain, frequently at the expense of others. It may have a number of detrimental effects on both the individual and society at large.
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thrive;8473 wrote:Lanistergame2;8017 wrote:You are also right. Greed sometimes can get the better part of an individual. Though sometimes greed is good because it makes you strive hard to get more out of life but excess of it is deadly.
Greed is never something that good buddy no matter sweet and good it may look like because every greed is a product of destruction. You can strive hard in a normal way without greed but when greed is added, destruction and vast loss step in.
Nevertheless, greed is the drive for wealth and material gain, frequently at the expense of others. It may have a number of detrimental effects on both the individual and society at large.
Greed can cause people and businesses to take advantage of others for financial gain, using their resources and influence without regard for morality to maximize profits. Meanwhile this is what causes 51% attack in the cryptocurrency market.
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oba;8475 wrote:thrive;8473 wrote:Greed is never something that good buddy no matter sweet and good it may look like because every greed is a product of destruction. You can strive hard in a normal way without greed but when greed is added, destruction and vast loss step in.
Nevertheless, greed is the drive for wealth and material gain, frequently at the expense of others. It may have a number of detrimental effects on both the individual and society at large.
Greed can cause people and businesses to take advantage of others for financial gain, using their resources and influence without regard for morality to maximize profits. Meanwhile this is what causes 51% attack in the cryptocurrency market.
Wait but a 51% attack is a situation where a group of miners or a single miner get gain to control more than 50% of the computing power of a blockchain network and when this happened it literally allows them to manipulate the network's functions, thwart consensus algorithms, double-spend cryptocurrencies and impose changes without consensus across the network. That has nothing to do with what you said.
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Vastextension;8481 wrote:oba;8475 wrote:Nevertheless, greed is the drive for wealth and material gain, frequently at the expense of others. It may have a number of detrimental effects on both the individual and society at large.
Greed can cause people and businesses to take advantage of others for financial gain, using their resources and influence without regard for morality to maximize profits. Meanwhile this is what causes 51% attack in the cryptocurrency market.
Wait but a 51% attack is a situation where a group of miners or a single miner get gain to control more than 50% of the computing power of a blockchain network and when this happened it literally allows them to manipulate the network's functions, thwart consensus algorithms, double-spend cryptocurrencies and impose changes without consensus across the network. That has nothing to do with what you said.
Yes, you're right but when a miners or a group have access to the 51% computing power of blockchain and they are also greed they can manipulate the network's functions just to earn more for their own selfish gain.
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oba;8482 wrote:Vastextension;8481 wrote:Greed can cause people and businesses to take advantage of others for financial gain, using their resources and influence without regard for morality to maximize profits. Meanwhile this is what causes 51% attack in the cryptocurrency market.
Wait but a 51% attack is a situation where a group of miners or a single miner get gain to control more than 50% of the computing power of a blockchain network and when this happened it literally allows them to manipulate the network's functions, thwart consensus algorithms, double-spend cryptocurrencies and impose changes without consensus across the network. That has nothing to do with what you said.
Yes, you're right but when a miners or a group have access to the 51% computing power of blockchain and they are also greed they can manipulate the network's functions just to earn more for their own selfish gain.
You have a point. For a project to defend against 51% of attacks. They have to continue upgrading their blockchain network protocols to make mining more decentralized and resistant to such attacks.
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Vastextension;8483 wrote:oba;8482 wrote:Wait but a 51% attack is a situation where a group of miners or a single miner get gain to control more than 50% of the computing power of a blockchain network and when this happened it literally allows them to manipulate the network's functions, thwart consensus algorithms, double-spend cryptocurrencies and impose changes without consensus across the network. That has nothing to do with what you said.
Yes, you're right but when a miners or a group have access to the 51% computing power of blockchain and they are also greed they can manipulate the network's functions just to earn more for their own selfish gain.
You have a point. For a project to defend against 51% of attacks. They have to continue upgrading their blockchain network protocols to make mining more decentralized and resistant to such attacks.
Yes. However, a 51 percent attack, which illustrates the susceptibility of blockchain network protocols to malicious attacks, is a worrying possibility in the context of cryptocurrencies.
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Vastextension;8483 wrote:oba;8482 wrote:Wait but a 51% attack is a situation where a group of miners or a single miner get gain to control more than 50% of the computing power of a blockchain network and when this happened it literally allows them to manipulate the network's functions, thwart consensus algorithms, double-spend cryptocurrencies and impose changes without consensus across the network. That has nothing to do with what you said.
Yes, you're right but when a miners or a group have access to the 51% computing power of blockchain and they are also greed they can manipulate the network's functions just to earn more for their own selfish gain.
You have a point. For a project to defend against 51% of attacks. They have to continue upgrading their blockchain network protocols to make mining more decentralized and resistant to such attacks.
In addition to implementing advanced cryptographic hashing techniques, it is advised that better regulation and secure blockchain networks be in place to thwart these attacks.
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thrive;8484 wrote:Vastextension;8483 wrote:Yes, you're right but when a miners or a group have access to the 51% computing power of blockchain and they are also greed they can manipulate the network's functions just to earn more for their own selfish gain.
You have a point. For a project to defend against 51% of attacks. They have to continue upgrading their blockchain network protocols to make mining more decentralized and resistant to such attacks.
In addition to implementing advanced cryptographic hashing techniques, it is advised that better regulation and secure blockchain networks be in place to thwart these attacks.
Despite everything you guys said. Let us hope the miners are not greedy because greed can result in corruption when people use their position of authority to use dishonest or illegal means by joining forces to manipulate the network.
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oba;8486 wrote:thrive;8484 wrote:You have a point. For a project to defend against 51% of attacks. They have to continue upgrading their blockchain network protocols to make mining more decentralized and resistant to such attacks.
In addition to implementing advanced cryptographic hashing techniques, it is advised that better regulation and secure blockchain networks be in place to thwart these attacks.
Despite everything you guys said. Let us hope the miners are not greedy because greed can result in corruption when people use their position of authority to use dishonest or illegal means by joining forces to manipulate the network.
Well said, i guess this is the reason why the utopiaP2P ecosystem want the mining setting of CRP coin to be healthy by introduce rules that will chase out miners that are not enthusiasts.
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joanna;8487 wrote:oba;8486 wrote:In addition to implementing advanced cryptographic hashing techniques, it is advised that better regulation and secure blockchain networks be in place to thwart these attacks.
Despite everything you guys said. Let us hope the miners are not greedy because greed can result in corruption when people use their position of authority to use dishonest or illegal means by joining forces to manipulate the network.
Well said, i guess this is the reason why the utopiaP2P ecosystem want the mining setting of CRP coin to be healthy by introduce rules that will chase out miners that are not enthusiasts.
That's the point if such rules are not introduced to prevent environmental harm caused by greedy miners exploiting and destroying ecosystems for their financial gain, it will results in to dump in the price of CRP coin
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joanna;8487 wrote:oba;8486 wrote:In addition to implementing advanced cryptographic hashing techniques, it is advised that better regulation and secure blockchain networks be in place to thwart these attacks.
Despite everything you guys said. Let us hope the miners are not greedy because greed can result in corruption when people use their position of authority to use dishonest or illegal means by joining forces to manipulate the network.
Well said, i guess this is the reason why the utopiaP2P ecosystem want the mining setting of CRP coin to be healthy by introduce rules that will chase out miners that are not enthusiasts.
I don't know how true this is but Utopia p2p mining system has for long been filled with honest miners well maybe the team is still only trying to be very careful about what they do.
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Vastextension;8488 wrote:joanna;8487 wrote:Despite everything you guys said. Let us hope the miners are not greedy because greed can result in corruption when people use their position of authority to use dishonest or illegal means by joining forces to manipulate the network.
Well said, i guess this is the reason why the utopiaP2P ecosystem want the mining setting of CRP coin to be healthy by introduce rules that will chase out miners that are not enthusiasts.
That's the point if such rules are not introduced to prevent environmental harm caused by greedy miners exploiting and destroying ecosystems for their financial gain, it will results in to dump in the price of CRP coin
For the good of all, it is good that the miners we have should only be people who are enthusiasts of this great project not people that values their own benefit beyond the healthy of the project network.
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Vastextension;8488 wrote:joanna;8487 wrote:Despite everything you guys said. Let us hope the miners are not greedy because greed can result in corruption when people use their position of authority to use dishonest or illegal means by joining forces to manipulate the network.
Well said, i guess this is the reason why the utopiaP2P ecosystem want the mining setting of CRP coin to be healthy by introduce rules that will chase out miners that are not enthusiasts.
I don't know how true this is but Utopia p2p mining system has for long been filled with honest miners well maybe the team is still only trying to be very careful about what they do.
Maybe but if you check the information that was provided about the UtopiaP2P airdrop which was hosted on the application client. This will show you that for every great opportunity, there are some people that will want to abuse it.
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CrytoCynthia;8491 wrote:Vastextension;8488 wrote:Well said, i guess this is the reason why the utopiaP2P ecosystem want the mining setting of CRP coin to be healthy by introduce rules that will chase out miners that are not enthusiasts.
I don't know how true this is but Utopia p2p mining system has for long been filled with honest miners well maybe the team is still only trying to be very careful about what they do.
Maybe but if you check the information that was provided about the UtopiaP2P airdrop which was hosted on the application client. This will show you that for every great opportunity, there are some people that will want to abuse it.
According to the information provided by the UtopiaP2P team. They stated that "we have recently noticed a significant number of weak nodes appearing running Utopia. This has led to issues with the network and could potentially result in dishonest participation"
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CrytoCynthia;8491 wrote:Vastextension;8488 wrote:Well said, i guess this is the reason why the utopiaP2P ecosystem want the mining setting of CRP coin to be healthy by introduce rules that will chase out miners that are not enthusiasts.
I don't know how true this is but Utopia p2p mining system has for long been filled with honest miners well maybe the team is still only trying to be very careful about what they do.
Maybe but if you check the information that was provided about the UtopiaP2P airdrop which was hosted on the application client. This will show you that for every great opportunity, there are some people that will want to abuse it.
I did not have time to read up the information about that properly but right now I think the airdrop campaign has ended if I am not mistaking or maybe it was actually paused?
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Vastextension;8497 wrote:CrytoCynthia;8491 wrote:I don't know how true this is but Utopia p2p mining system has for long been filled with honest miners well maybe the team is still only trying to be very careful about what they do.
Maybe but if you check the information that was provided about the UtopiaP2P airdrop which was hosted on the application client. This will show you that for every great opportunity, there are some people that will want to abuse it.
According to the information provided by the UtopiaP2P team. They stated that "we have recently noticed a significant number of weak nodes appearing running Utopia. This has led to issues with the network and could potentially result in dishonest participation"
Yes, that's what they said but it's a sign that some people will take advantage of the vulnerability and the UtopiaP2P developer team being an experienced team that always checks all the Utopia network notices it and decide to pause the airdrop.
Last edited by Vastextension (2023-05-15 15:46:51)
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oba;8498 wrote:Vastextension;8497 wrote:Maybe but if you check the information that was provided about the UtopiaP2P airdrop which was hosted on the application client. This will show you that for every great opportunity, there are some people that will want to abuse it.
According to the information provided by the UtopiaP2P team. They stated that "we have recently noticed a significant number of weak nodes appearing running Utopia. This has led to issues with the network and could potentially result in dishonest participation"
Yes, that's what they said but it's a sign that some people will take advantage of the vulnerability and the UtopiaP2P developer team being an experienced team that always checks all the Utopia network notices it and decide to pause the airdrop.
If I understand you if the UtopiaP2P developer team doesn't practice simultaneously upgrading the mining network some miners will abuse everything to increase their purse.
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Vastextension;8501 wrote:oba;8498 wrote:According to the information provided by the UtopiaP2P team. They stated that "we have recently noticed a significant number of weak nodes appearing running Utopia. This has led to issues with the network and could potentially result in dishonest participation"
Yes, that's what they said but it's a sign that some people will take advantage of the vulnerability and the UtopiaP2P developer team being an experienced team that always checks all the Utopia network notices it and decide to pause the airdrop.
If I understand you if the UtopiaP2P developer team doesn't practice simultaneously upgrading the mining network some miners will abuse everything to increase their purse.
That's correct like I have said before this is what also gives birth to the 51% attack we see in cryptocurrency and sometimes it's caused by the opponent projects.
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There has always been a competition among all crypto, i am sure the developer are working towards that. The principles of the crypto trade state it clear.
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Cryptocurrency projects are working and helping to develop the community into a better place. The current market cap is very nice and lovely.
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There has always been a competition among all crypto, i am sure the developer are working towards that. The principles of the crypto trade state it clear.
Well I think competition In cryptocurrency is very much unnecessary we can all have a large space to grow cryptocurrency should be all about changing the financial system.
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crpuusd;9869 wrote:There has always been a competition among all crypto, i am sure the developer are working towards that. The principles of the crypto trade state it clear.
Well I think competition In cryptocurrency is very much unnecessary we can all have a large space to grow cryptocurrency should be all about changing the financial system.
Yes, the competition in the cryptocurrency market is unnecessary but we will continue to see it if project developers don't introduce new concepts then copy previous existing project concepts.
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KingCRP;9938 wrote:crpuusd;9869 wrote:There has always been a competition among all crypto, i am sure the developer are working towards that. The principles of the crypto trade state it clear.
Well I think competition In cryptocurrency is very much unnecessary we can all have a large space to grow cryptocurrency should be all about changing the financial system.
Yes, the competition in the cryptocurrency market is unnecessary but we will continue to see it if project developers don't introduce new concepts then copy previous existing project concepts.
This tells the story behind the reason why we see "** the rain killer" and different types of competition in the altcoin market.
Unique innovation and concept are what makes me like UtopiaP2P from the first time.
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